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TTIP - A Good Deal?

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Since mid-2013, the United States and the European Union have been negotiating a so-called free trade agreement, by now labeled “Transatlantic trade and investment partnership†or TTIP in short. The authors suggest that TTIP is a bad deal for three reasons. First, the projected economic gains amount to not more than a rounding error. Second, none of these studies account for social, environmental or economic adjustment costs. Third, available documents suggest that TTIP is intended to be a “living agreement,†which could permanently bias the legislative process in favor of multinational corporations.

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  • Werner Raza & Lance Taylor & Bernhard Troster & Rudi von Arnim, 2014. "TTIP - A Good Deal?," SCEPA policy note series. 2014-02, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    • Handle: RePEc:epa:cepapn:2014_02
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    References listed on IDEAS

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    1. James E. Anderson & Eric van Wincoop, 2004. "Trade Costs," Journal of Economic Literature, American Economic Association, vol. 42(3), pages 691-751, September.
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    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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